Dividend Income Update December 2019 | New Record & 72% YoY Increase
TORONTO, January 2, 2020 – RTC (REVERSE THE CRUSH or www.reversethecrush.com) announced today its dividend income results for the month of December that ended on December 31, 2019. This is dividend income update 31.
December 2019 Highlights
- $80.38 was received in December 2019 (new record for 1 month).
- 71.97% YoY increase over December 2018.
- $561.77 was earned YTD (January to December 2019).
- Increase of $171.58 over 2018 revenue.
- Dividend income was up 43.97% over 2018.
It’s the beginning of a new year, 2020, which means it’s time to report on how much dividend income was earned in 2019.
Overall, I received a total of $561.77 from dividend investing in 2019. This was an increase of $171.58 (Up 43.97%) compared to 2018. $390.19 was the final amount of dividend income earned in 2018.
As for December 2019, the portfolio finished the year on a high note, as a new record in one month was achieved. $80.38 was earned in December 2019, which is actually a nice chunk of cash for doing nothing but hold onto stocks. It’s especially nice when you consider my humble beginnings… I earned $58.14 in total for the entire 2017 year.
Key Numbers – Dividend Income Update # 31 | December 2019
Dividend income earned in December 2019: $80.38
Total 2019 Year to date dividend income was: $561.77
Dividend Income was up 43.97% compared to 2018.
Total dividend income in December 2018: $46.74
YoY earnings increased by 71.97% compared to December 2018
How many stocks paid dividends in December 2019: 7 (Up 2 since December 2018)
Dividend Income Update December 2019 Breakdown – Passive Income from 7 Companies
(ENB) Enbridge: $51.66
(SU) Suncor Energy: $10.08
(FTS) Fortis: $7.16
(SRV.UN) 65 Shares of Sir Royalty Income Fund: $5.69
(REI.UN) 40 Units of Riocan REIT: $4.80
(KO) Coca Cola: $0.80
(CHP.UN) 2 Units of Choice Properties Real Estate Investment Trust: $0.19
Total: $80.38
2019 Dividend Income Update Review – Reports # 20 through 31
One of the highlights of the year was buying AAPL at $164.78 on December 12, 2018. Since then Apple shares have increased to over $298 while paying dividends. My only problem is that I should’ve bought more. My position is very small.
Otherwise, I did well on Suncor Energy, Enbridge, and Fortis in 2019. The energy sector was kind to the RTC portfolio last year.
As for the low points, I learned that quality businesses will always be the superior option to higher yields.
Unfortunately, I received a few dividend cuts during the year: SRV.UN and on HLF.
But overall, I can’t complain because the market returns this year were bizarre. It was certainly a generous year for investors.
“Know what you own, and know why you own it.” – Peter Lynch
via Investopedia’s Top 17 Investing Quotes of All Time
Dividend Income Update December 2019 – Concluding Thoughts
Despite the career and life changes that happened in 2019, I still managed to grow the dividend business by 43.97%.
Although I did not meet my financial goal to earn at least $670, I’ll take the way it turned out overall, because my lifestyle is better. I have more time now because I work part-time.
Of course, I could’ve stayed at my full-time job and stuck with the safer route. Perhaps I would’ve exceeded $670 in dividends this year, and perhaps my projected dividend income for the year would’ve been between $800 to $1,000. But the purpose of investing is to improve your financial situation and lifestyle anyways. There must be a purpose behind the investment decisions.
In conclusion, December 2019 was my highest month for dividend income yet, as $80.38 was received. This brought total dividend income for the year to $561.77. Hopefully I can keep this momentum going in 2020 and achieve my goal to earn at least $628.27.
Please check out Dividends Diversify for 20 Investment Ideas for 2020 and Beyond. This is a collection of stocks for dividend growth investing from a panel of experts, including RTC.
This post has been added to the dividend income updates page.
I am not a licensed investment or tax adviser. All opinions are my own. This post contains advertisements by Google Adsense. This post also contains internal links, affiliate links, links to external sites, and links to RTC social media accounts.
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